Schwab Charles Corp (SCHW)

Security Brokers, Dealers & Flotation Companies

Latest Price

$97.74

TTM P/E

17.80

Normalized P/E

26.74

Div Yield

1.21%

Book Value

25.26

P/B Ratio

3.87

Valuation metrics

EPS: $4.65

Book value / share: $27.32

Formula: √(22.5 × EPS × BVPS)

Graham Number

$53.47

45% downside

Norm. op. income: $8.2B (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$38.48

61% downside

Base FCF: $2.0B (median of recent 5yr)

Growth: -12%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$9.46

90% downside

EPS: $4.65

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$125.55

+28% upside

86.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	134.41M	$12.40B	7.72%	+1.26M	2026-06-30
Vanguard Capital Management LLC	107.33M	$9.90B	6.17%	-1.02M	2026-06-30
Dodge & Cox	76.97M	$7.10B	4.42%	+1.97M	2026-06-30
State Street Corp	73.17M	$6.75B	4.21%	+410.5K	2026-06-30
Larry Mathis Financial Planning, LLC	72.56M	$672.0M	4.17%	+72.56M	2026-06-30
JPMorgan Chase & Co	49.17M	$4.45B	2.83%	-18.03M	2026-06-30
FMR LLC	44.27M	$4.08B	2.54%	+8.58M	2026-06-30
Price T Rowe Associates Inc	43.29M	$3.99B	2.49%	-5.35M	2026-06-30
Geode Capital Management, LLC	37.29M	$3.43B	2.14%	-1.40M	2026-06-30
Franklin Resources Inc	36.48M	$3.37B	2.10%	+4.65M	2026-06-30